Renowned investor Charles Schwab said he expects the Dow Jones Industrial Average to climb to the 20,000 mark.» Read More
Housing is good but not great and unlikely to be a leading force in a robust recovery, according to a group that is one of the industry's leading voices.
Federal Reserve Chairman Ben Bernanke would not risk a premature withdrawl of the stimlus that has underpinned the U.S. economic recovery, former vice chairman of the Fed Alan Binder told CNBC.
'A number of participants' on the FOMC this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as summer.
The sales pace is back to what it was in 2005 and 2006, but the circumstances are of course very different. Now it's about stiff competition for limited supply.
U.S. home sales rise slightly to 4.97 million in April, their highest level in 3 1/2 years, as inventories jump.
Fed Chair Ben Bernanke told Congress the U.S. job market remains weak, and it is too soon to end its stimulus. Stocks spiked on his comments.
As the Federal Reserve mulls reducing asset purchases, the improved labor market is spurring debate between Fed "hawks" and "doves" over what the right policy decision should be.
Market rallies have to end sometime for sure, but history suggests the current one, despite its seemingly bloated nature, doesn't have to end soon.
Rescuers desperately search for survivors in the rubble of flattened communities a day after a 2-mile-wide tornado carved a path of destruction in Oklahoma.
What Warren Buffett once called "financial weapons of mass destruction" are firing again, with securitization and shadow banking at post-crisis highs.
Calls earlier in the year for a "great rotation" into stocks from fixed income may have been a little premature, but Goldman Sachs' replacement for Jim O'Neill says there will be a "gradual rotation".
Thanks to the brightening employment picture and an uptick in the housing market, Americans are packing up and relocating. And the pace is likely to pick up this summer.
Chicago Fed President Charles Evans said the Fed has the appropriate level of monetary accommodation in place to let the reach "escape velocity" next year.
The energy boom in the U.S. is providing a shock absorber of sorts for major oil companies, helping to hedge a strong dollar amid an the increase in domestic production.
Whatever course it chooses, the Fed will have to grapple with the reality that while its policies have helped stocks, they've been less effective at growing the economy.
Worried about a possible economic bust in agriculture like that of the 1980s, farmers talk about their growing fears.
The Federal Reserve should not go from "wild turkey" monetary policy to "cold turkey" overnight, Dallas Fed President Richard Fisher told CNBC on Monday.
Easy monetary policy by the Federal Reserve and other central banks is limiting supply of stocks, as well as fueling asset bubbles, one analyst warned on Monday.
The Obama administration on Friday said it was ready to free up about $260 billion so the nation could continue paying its bills as a temporary debt ceiling suspension lapses.
With housing now in recovery and apartment rents rising, there is new concern that tenants and investors alike will move out of the multi-family space.